Monday, March 19, 2012

What You Need to Know About the Capital Gains Tax

If there is one thing that you cannot avoid, it is paying taxes, and the same goes for paying taxes on capital gains made in the stock market -  you must understand what the capital gains tax is! It is important to understand different tax structures to see how much you have to pay on your capital gains.

There is a big difference between short term capital gains (positions sold less than one year) and long-term (more than a year). 

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